MV Index Solutions (MVIS), and ITI Funds, a buy-side intermediary, advisory and asset management business, have launched the ITI Funds Crypto Index, a capitalisation weighted, capped crypto index based on cryptocurrencies selected from a top 30 list.
The ITI Funds Crypto Index provides a diversified, long-term and non-speculative investment approach based on a selected list of cryptocurrencies. The index methodology includes a 15 per cent cap on any component which ensures constant diversification.
The coins in the eligible universe of the ITI Funds Crypto Index have to fulfil several conditions such as liquidity, recognition and availability of an insured cold storage solution.
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